When Last Friday Non Farm payroll was released, the market was down from 120.6 to

Discussion in 'Forex' started by noblehawk, Dec 10, 2014.

  1. Everyone! I need advise!

    Just one question: Last Friday when Non Farm payroll was released, the market USDJPY was down from 120.6 to 120.2, then rebound to 120.8 quickly! why it happened like this? It was really a good surprise news. So why it was down and down so deeply at the beginning?

    Appreciate.
     
  2. USDJPY was down 3 YEN during the past 12 hours! In Japan market from 121 to 120, then come to the EU session from 120-119, then come to the US session from 119-118 ! Good experience in my life!
     
  3. To take the money from the long side gamblers. When the price recovered, they took the money from the short side gamblers. Why do they do this ? They like free money, and you can't blame them because free money is very nice.
     
  4. USDJPY is untradable these days.